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AUDJPY Bullish Momentum Ignites: Buy Dips Toward 115 Target 
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
FxWirePro- Major Crypto levels and bias summary 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro: GBP/USD under pressure despite UK's modest economic growth 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align 
Gold Loses Steam After Strong U.S. Retail Sales 
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FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro- Major Crypto levels and bias summary 
USDCHF trades weak after strong US CPI data. It hit an intraday low of 0.81839 and is currently trading around 0.82059. Intraday bias appears to be bearish as long as the resistance 0.8250 holds.
|
Indicator |
May-25 |
Apr-25 |
Consensus |
|
CPI m/m |
0.20% |
0.20% |
0.20% |
|
Core CPI m/m |
0.30% |
0.20% |
0.30% |
|
CPI y/y |
2.40% |
2.30% |
2.40% |
|
Core CPI y/y |
2.90% |
2.80% |
2.90% |
Technical Analysis Points to Further Upside
The pair is trading below the 55-EMA, below 200 EMA and 365 EMA on the 4-hour chart indicating a mixed trend. The immediate resistance is at 0.8250 any break above targets 0.8300/0.8345/0.8375/0.8435/0.8480.
Support Levels and Potential Declines
On the downside, near-term support is around 0.8180, any violation below will drag the pair to 0.8150/ 0.8135/0.8090/0.8000.
Indicators (4-Hour)
CCI (50) - Bearish
Directional movement Index - Bearish
Trading Strategy Recommendation
It is good to sell on rallies around 0.8218-220 with a stop-loss at 0.82500 for a TP of 0.8090.
